The median sales price for detached single family homes in Norwood Park increased 9.4% in the first 11 months of 2016 compared to the same period last year. The median sales price in 2015 was $289,000, and increased to $316,050 in 2016. It also took, on average, about 10 days less to sell a Norwood Park home this year. The average market time for 2016 was only 69 days. Closed sales held steady with a 2.1% increase the the number of homes sold.
Let's take a look at the housing market in Edison Park for the first 11 months of 2016 compared to the same period last year.
In case you missed the Magnificent Mile Chicago Parade a few weeks ago, take a look at the video and enjoy the show. Good job KevinKlimaPhoto!